CITIC Offshore Helicopter Co., Ltd. (SHE:000099)

CITIC Offshore Helicopter Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,229	2,146	1,950	1,781	1,650	1,541
Other Revenue	10.32	17.33	19.7	17.38	30.6	17.29
Revenue	2,239	2,163	1,970	1,798	1,681	1,558
Revenue Growth (YoY)	10.58%	9.83%	9.54%	6.98%	7.85%	-0.57%
Cost of Revenue	1,713	1,680	1,554	1,434	1,260	1,112
Gross Profit	525.91	483.54	416.18	363.68	420.81	446.57
Selling, General & Admin	136.59	129.83	147.87	133.98	80.78	143.4
Research & Development	3.45	3.38	7.91	15.32	50.71	22.83
Other Operating Expenses	-57.92	-51.55	-55.89	-61.13	-45.23	-47.87
Operating Expenses	75.82	78.08	109.95	124.57	89.4	118.92
Operating Income	450.09	405.45	306.23	239.12	331.41	327.65
Interest Expense	-39.04	-32.97	-32.05	-44.07	-61.76	-63
Interest & Investment Income	35.07	25.78	15.07	16.09	14.67	6.42
Currency Exchange Gain (Loss)	-11.93	-3.78	-10.01	-4.14	13.01	15.29
Other Non Operating Income (Expenses)	-1.08	-1.45	11.48	-4.31	-1.42	-16.93
EBT Excluding Unusual Items	433.11	393.03	290.73	202.68	295.91	269.43
Gain (Loss) on Sale of Investments	-2.89	-2.6	-	-	-	-
Gain (Loss) on Sale of Assets	3.26	3.59	24	-	-	-
Asset Writedown	-0.52	-0.31	-0.26	-	-0.22	-0.08
Other Unusual Items	-1.13	-1.02	-	3.24	21.57	21.23
Pretax Income	431.84	392.7	314.46	205.92	317.26	290.58
Income Tax Expense	123.82	102.78	76.86	35.94	68.5	77.01
Earnings From Continuing Operations	308.02	289.92	237.61	169.97	248.76	213.56
Minority Interest in Earnings	16.21	13.31	1.52	24.26	-2.28	4.8
Net Income	324.23	303.23	239.12	194.23	246.48	218.36
Net Income to Common	324.23	303.23	239.12	194.23	246.48	218.36
Net Income Growth	34.06%	26.81%	23.11%	-21.20%	12.88%	3.26%
Shares Outstanding (Basic)	778	778	771	777	666	607
Shares Outstanding (Diluted)	778	778	771	777	666	607
Shares Change (YoY)	0.84%	0.80%	-0.71%	16.63%	9.83%	0.39%
EPS (Basic)	0.42	0.39	0.31	0.25	0.37	0.36
EPS (Diluted)	0.42	0.39	0.31	0.25	0.37	0.36
EPS Growth	32.94%	25.81%	24.00%	-32.43%	2.78%	2.86%
Free Cash Flow	615.73	447.92	310.51	40.44	433.31	352.18
Free Cash Flow Per Share	0.79	0.58	0.40	0.05	0.65	0.58
Dividend Per Share	0.188	0.125	0.082	0.065	0.080	0.075
Dividend Growth	130.11%	53.00%	25.69%	-18.75%	6.67%	50.00%
Gross Margin	23.48%	22.35%	21.13%	20.23%	25.04%	28.66%
Operating Margin	20.10%	18.74%	15.55%	13.30%	19.72%	21.02%
Profit Margin	14.48%	14.02%	12.14%	10.80%	14.67%	14.01%
Free Cash Flow Margin	27.50%	20.71%	15.76%	2.25%	25.78%	22.60%
EBITDA	720.31	675.74	557	476.05	564.16	554.65
EBITDA Margin	32.17%	31.24%	28.28%	26.47%	33.57%	35.59%
D&A For EBITDA	270.22	270.28	250.77	236.93	232.75	227
EBIT	450.09	405.45	306.23	239.12	331.41	327.65
EBIT Margin	20.10%	18.74%	15.55%	13.30%	19.72%	21.02%
Effective Tax Rate	28.67%	26.17%	24.44%	17.46%	21.59%	26.50%
Revenue as Reported	2,239	2,163	1,970	1,798	1,681	1,558

Source: S&P Global Market Intelligence. Standard template. Financial Sources.